Wednesday, September 9, 2009

Made a loss of Rs.1267 (LPLLLPPL)













I must say it was a very exciting day. The market was flat for the whole day but I got 3 out of 8 trades right. Some were whipsaws and some went the other way.
In one of the trades the long entry bar was an Up outside bar and it confused me as to what should the stop loss be. I kept it as the low of the outside bar.
With Aban Lloyd my stop loss was skipped as the there was a gap down bar. I lost around Rs.1150 in that single trade. Among my profit ones, quantity for most of them were partially filled, so my profit was less. No excuses just retrospection!!!

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